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A great opportunity to own a ~4,000 SF commercial office building on a 1.2 acre lot, just a short distance from downtown Montpelier, High School, National Life, and the Vermont State House. The property was built around 1809 and for a time was maintained as an official residence for Vermont's governors called the Chester Wright House. Great visibility from VT Route 2, good signage, convenient and immediate access to Interstate 89 exit 8, large paved parking lot onsite with 14+ spots. Building offers 10 single offices, a kitchenette, 3 bathrooms (one with a shower), and a two car garage. Beautiful historic details like fireplaces, wood floors, and custom woodwork add to the charm. Offices have lots of natural light and are currently leased to professionals, including counseling therapists, artists, and remote workers. Basement was improved with a sump pump and waterproofed around 2016. Recent improvements include roofing and exterior paint. The property was not affected by the 2023 flood. Development opportunity, please check with the zoning dept. Existing tenants provide income potential while still allowing flexibility for future owner occupancy. Seller is a licensed real estate agent with the listing office.

More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1804
  • ConstructionClapboard Exterior
  • Door Height8'7"
  • NumberOfUnitsInCommunity10
  • Drive/Doors2
  • FoundationConcrete, Stone w/ Skim Coating
  • Square Feet4,620
  • Available Sqft4,620
  • BasementBulkhead, Exterior Access, Interior Access, Sump Pump
  • Rail Available Y/NYes

Basic Information

  • StatusACT
  • Modification Date05/28/2026
  • TypeInvestment, Office, Opportunity
  • List Price$695,000
  • Broker NameLake Point Properties, LLC
  • Listing Agent NameYana Walder
  • Lister Office NameLake Point Properties, LLC
  • MLS Number5091550
  • MLS StatusActive

Exterior

  • RoofAsphalt Shingle

Utilities

  • Heating CoolingBaseboard, Oil

Other

  • Transport AccessCity Street, Major Road Access, Paved, Public Transportation, State Highway, Town Highway
  • Date Listed05/28/2026

Location

  • Building Number159
  • StreetState Street
  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • Address159 State Street

Property

  • Acreage1.2
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVT-Washington
  • Lot Sqft52,272
  • Road Frontage190

Amenities

  • PricePerSqFt150.43

Map Location

Driving Directions

Broker Reciprocity 

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 29, 2026 1:41 PM EDT

 

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